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Crude is now the most important product in tanker

Growing US exports of crude oil and major growth in demand has made crude more important for the tanker industry than US exports of oil products, shows data from Bimco.

Photo: Euronav

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Snabe criticized for board positions beyond Maersk

Jim Hagemann Snabe has too many activities beyond serving as chairman of A.P. Moeller-Maersk, says major Norwegian investor KLP, and the company thus refrained from voting for Snabe at the recent Maersk general assembly. Read here how other shareholders stand on the Maersk chairman's various board postings.

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